The effort devoted to the development and continuous improvement of health and safety management systems at Red Eléctrica in recent years has resulted in the consolidation of the Red Eléctrica Healthy Workplace Management Model and the establishment of a set of general management principles and guidelines designed to promote and protect the health, safety and well-being of its employees and the sustainability of the working environment.

This report has been prepared in accordance with the remuneration policy for REC directors, approved by the AGM on 2019, and in accordance with the provisions of the Articles of Association and the Regulations of the Board of Directors.

The report describes, beyond the established statutory requirements, the measures taken by the Company to achieve greater transparency and efficiency in the performance of the functions of the governing bodies and includes those aspects that are considered relevant in improving good governance of the Company.